Wall Street 'predators' make allies of political foes

New York (AFP) – Recent stock market mayhem has done what appeals to rise above self-interest could not — gotten US politicians of all stripes to agree. While the broad partisan landscape remains combatively polarized, elected officials from the conservative right to the progressive left are standing up against what they condemn as market manipulation by Wall Street. Their first targets were hedge funds that bet shares would tank for companies in seemingly precarious financial positions such as GameStop, AMC movie theaters and Bed, Bath & Beyond. The common tactic is known as “short-selling,”…

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HEDGE accordingly